Within the Q2 2011 Federal Reserve's flow of funds is more bad news for Americans, we're broker...er.
Household net worth—the difference between the value of assets and liabilities—was $58.5 trillion at the end of the second quarter, about $150 billion less than at the end of the previous quarter.
U.S. household net worth decreased by $1.3 trillion in the first quarter of 2009. This was due in part to decreases in stock market and real estate values. The gory details are here.
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